Gold prices have continued to consolidate within the initial January opening range just below technical resistance and we’re looking for the break. These are the updated targets and invalidation levels that matter on the XAU/USD charts. Review this week’s Strategy Webinar for an in-depth breakdown of this setup and more. New to Gold Trading? Get […]

MARKET DEVELOPMENT – GBP VOLATILITY EXPECTED ON BREXIT VOTE GBP: All eyes on the meaningful vote for GBP traders. Option markets are suggesting an implied move of roughly 1% in GBPUSD. As it stands, PM May looks set for a sizeable defeat with many suggesting that the Prime Minister could lose by at least 100+ […]

Technical Analysis Based on Breakout – Long Usd towards 118.00 betiforexcom.live… USDJPY – Down Technical Observation Recently Usd retraced back to the upper supportive trendline for the thirs time but failed breakout below. I went long following this pullback and is still holding holding onto this position. On both the hourly and daily charts, Usd […]

GBPUSD Technical Analysis A series of lower highs has been broken this week and may point to higher prices. Technical analysis may be moot as Brexit bill vote nears. We have recently released our Q1 2019 Trading Forecasts for a wide range of Currencies and Commodities, including GBPUSD with our fundamental and medium-term term technical […]

Technical Analysis Based on Breakout – Short USD around 110.65 towards 109.25 betiforexcom.live… USDJPY – Down Technical Observation Recently, USD has been trading on a steep upward trend line constantly forming higher lows. Unless this trend line is broken to the lower side, I expect a rise towards the resistance line 110.65. Only a clear […]